"I take my hat off to NTU for going as hard as they can to promo this project and company as the best thing since sliced bread."
I agree. This play is largely subject to REE prices and resource upgrades. The sales agreement for 100% of pilot wasn't the best deal - offset cash for res and shares. The only eye-catcher to this deal is that they have GRAM on board but the question whether or not this will be beneficial for NTU remains.
I think Hallgarten & Co are good at what they do - attracting the big money. They didn't do too badly on the last three Australian companies they covered. Peak Resources (PEK) rose 75%, Alkane (ALK) rose 190% and Lithium Australia (LIT) rose 238% from initiated coverage date to highest close.
But I'm no crystal ball reader.. best I can do is throw down and few chips and hope for a good hand.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2108912 | 2.0¢ |
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Price($) | Vol. | No. |
---|---|---|
2.1¢ | 2578315 | 9 |
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7 | 389264 | 0.083 |
1 | 100000 | 0.082 |
3 | 26500 | 0.081 |
6 | 683055 | 0.080 |
1 | 102400 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 125000 | 1 |
0.085 | 2235656 | 8 |
0.086 | 308648 | 5 |
0.087 | 418480 | 5 |
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